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Mi Casa Restaurants of Las Cruces, New Mexico, has the following employees as of December 31: Required: The company's SUTA tax rate is 4.25 percent

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Mi Casa Restaurants of Las Cruces, New Mexico, has the following employees as of December 31: Required: The company's SUTA tax rate is 4.25 percent and the wage base is $10,400. Mi Casa Restaurants FUTA tax rate of 6 percent is subject to a 5.4 percent reduction and applies to the first $7,000 of employee wages. What is the annual amount of FUTA and SUTA taxes due for each employee? Note: Round your answers for "SUTA Due" to 2 decimal places

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